Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $270.00 short call and a strike $275.00 long call offers a potential 10.62% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $270.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $275.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Netflix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 71.22 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Netflix
The Bottom? Not So Fast: Cramer's ‘Mad Money' Recap (Tuesday 2/6/18)
Wed, 07 Feb 2018 01:14:00 +0000
Jim Cramer says we've cleaned out the bear den, but fundamental concerns, such as bond yields and wage inflation, still loom.
FANG stocks can stabilize amid volatility
Wed, 07 Feb 2018 00:45:00 +0000
Jim Cramer reviews the charts of Facebook, Amazon, Netflix and Alphabet's stocks with FANG originator Bob Lang to see if they can weather the Dow drop.
Tech Giants FANG Bite Back: Cramer's ‘Off the Charts'
Wed, 07 Feb 2018 00:19:00 +0000
After that bloodbath, Jim Cramer and Bob Lang look at the charts to see what's ahead for the big tech names.
Cramer's charts show FANG stocks can stabilize amid marke…
Tue, 06 Feb 2018 23:56:00 +0000
Jim Cramer reviews the charts of Facebook, Amazon, Netflix and Alphabet's stocks with FANG originator Bob Lang to see if they can weather the Dow drop.
Disney's CEO Outlines Earnings Beat, Global Streaming Plan
Tue, 06 Feb 2018 23:50:00 +0000
CEO Bob Iger said that Disney will beat Netflix on quality rather than quantity, as shares rose after the market close on an earnings beat.
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